PRESS DIGEST- Canada - Aug 25

Aug 25 (Reuters) - The following are the top stories from
selected Canadian newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.

THE GLOBE AND MAIL

** The Toronto Port Authority has won a key early showdown
with the city on the controversial issue of expanding the island
airport to allow jets. City staff are participating in an
environmental assessment for the expansion without the port
authority having signed off on limits on the numbers of
passengers and aircraft. This comes only months after Toronto's
deputy city manager warned that agreement on that issue was
"essential for moving forward." (bit.ly/1mH1acQ)

** Colder summer weather across Ontario has put pressure on
tourism-dependent businesses that rely on July and August to
generate the bulk of their profits. The bad weather has also had
an impact on the boating industry in Ontario and the marinas and
gas bars that support them. (bit.ly/1tvz6io)

Reports in the business section:

** Bank of Canada Governor Stephen Poloz wants to make
something perfectly clear: When the Federal Reserve starts
raising interest rates, Canada's central bank won't necessarily
follow immediately. "The main thing people should understand is
that our policy is quite capable of being fully independent, as
it has been these past few years," Poloz said in an interview at
the annual gathering of central bankers and economists at
Jackson Hole, Wyoming, over the weekend. (bit.ly/1nsPieJ)
Continued...